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Equity Bank Group has posted a 12 percent profit after tax for the first half of 2024 to stand at 29.6 billion shillings. The earnings attributed to a growing customer deposit which stands at 1.3 trillion shillings in the first half. The bank has also attributed the growth in earnings to its subsidiaries which contributed half of the lender's net income in the half year. But as Jimmy Mbogoh now reports the bank saw a decline in credit disbursement as non-performing loans surpassed the lender's guidelines.
Equity Group posts 12% growth in net earnings to stand at Ksh 29.6b
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